Why Experian® Data Breach Resolution
Helping you mitigate the potential financial consequences of a data breach
The Power of Experience
In 2022, data breaches cost US organizations an average of $9.44M. It's not just the loss of sensitive personal information that causes problems but also the cost of informing customers about the breach. Most organizations are unprepared for this. The average organization takes 200+ days to detect a breach and over a month to contain one1. That's just not fast enough. Time is of the essence to remain in compliance with laws at the federal, state, and industry levels. HIPAA Privacy violations cost up to $50,000 per violation, with a total of 1.5 million for all violations of a single requirement. FTC civil monetary penalties cost up to $40,000 per violation, with each day that non-compliance continues considered a separate "violation2." Global regulations further complicate matters.
Experian Data Breach Resolution helps organizations act immediately to manage the risk of fines, customer loss, negative press and litigation due to a data breach.
Many healthcare, financial, education, retail, government agencies, Fortune 500 companies and mid-size organizations rely on the power of Experian for proven guidance and leadership. We have handled thousands of high-profile global data breaches in nearly every industry across organizations of all sizes.
A History of Innovation
Experian Data Breach Resolution follows in the footsteps of Experian innovation. Experian’s roots in direct-to-consumer credit services date back to 1986, the year credit monitoring was first available through our predecessor, TRW Credentials. In 1996, Experian revolutionized the way consumers access their credit information as the first bureau to offer online credit reports and credit monitoring.
We Build Our Reputation Protecting Yours
Working with a credible partner can make a real difference in your data breach resolution. We balance your needs for customer retention and brand integrity with your customers’ needs for identity protection. All while upholding the world-class security standards of Experian. We can help you plan ahead for a breach of data or help you navigate the storm if one occurs. We are backed by Experian and a proven track record of data breach resolution.
1IBM Cost of a Data Breach 2022
2Global Data Privacy & Security Handbook
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